South Carolina’s Interstate Highway system is its’ economic lifeblood. But the state’s dramatic growth, and too many years of too little state funding find the system clogged with congestion in urban areas, and in desperate need of repairs in many rural areas.
Over the past ten years, more than $3.5 Billion in road and bridge work has been underway, an historic amount for the state. But as car and truck traffic volumes grow so do the needs. The S. C. Department of Transportation estimates $20 Billion worth of road work is needed for the entire Interstate system.
The state is currently in the third year of a phased-in 12 cents a gallon gas tax increase. In three more years the higher tax is expected to pump almost $800 Million a year into a trust fund account which is DOT’s primary road improvement fund.
DOT Secretary Christy Hall recently told a State Senate Sub-Committee that the $450 Million dollars currently in the trust fund along with federal funding is allowing DOT to conduct about $1 Billion in road and bridge improvements.